The Korea Herald

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Hyundai E&C Q2 net up 9.7 pct on improved margins

By 윤민식

Published : July 26, 2013 - 18:12

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Hyundai Engineering & Construction Co., South Korea's No. 1 builder, said Friday that its second-quarter net profit jumped 9.7 percent from a year earlier as its margins improved.

The company's consolidated net income rose to 129.9 billion won ($116 million) in the April-June period, from 118.4 billion won a year earlier, the company said in a regulatory filing.

The builder said sales jumped 9.1 percent to 3.4 trillion won, and its operating profit gained 27.4 percent to 200.7 billion won.

Shares of Hyundai E&C were trading at 59,900 won on the Seoul bourse as of 1:42 p.m., up 0.34 percent from the previous session's close. (Yonhap News)